Under the Prevention of Money-laundering Act, 2002, officers whose attendance can be enforced by the…
PMLA s.11(1)(b), as amended in 2012, empowers the Adjudicating Authority to enforce the attendance of any person, including any officer of a reporting entity, that is, a…
Choose your answer
Under the Prevention of Money-laundering Act, 2002, officers whose attendance can be enforced by the Adjudicating Authority include officers of-
Answer and explanation
Correct answer B
PMLA s.11(1)(b), as amended in 2012, empowers the Adjudicating Authority to enforce the attendance of any person, including any officer of a reporting entity, that is, a banking company, financial institution, intermediary or person carrying on a designated business or profession. It does not single out officers of courts, NGOs or foreign embassies.